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Showing 761 - 770 of 3425 results for commonwealth bank

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... generally put to us that licence conditions can be a stronger outcome than an EU," he said. Kell gave an example: Commonwealth Financial Planning's undertaking and the way in which there had been failures in compliance with aspect of that undertaking ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... by the Serious and Financial Crimes Taskforce," O'Dwyer said. Agencies forming the SFCT include the ATO, AFP, Commonwealth Director of Public Prosecutions, Australian Criminal Intelligence Commission, Attorney-General's Department, Australian ...

First on the block: CBA to develop blockchain bond

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... Australia's biggest bank is set to deliver the world's first blockchain bond, in partnership with the World Bank. Commonwealth Bank (CBA) will deliver the first bond in the world to be created, allocated, transferred and managed using blockchain technology. ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... meanwhile CFS super and investments had $138 billion in funds under advice, not including the $10 billion in Commonwealth Bank Group Super. CBA expects to complete its sale of CommInsure before the end of calendar 2018. NewCo currently employs about ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... key measures, including $8 million for a new supervisory program in which ASIC staff will be embedded within Commonwealth Bank, ANZ, NAB, Westpac and AMP to monitor governance and compliance. Additionally, a taskforce dedicated to conducting a broad ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
Commonwealth Bank is extending its domestic and family violence support program due to customer need, with its helpline receiving about 90,000 calls in the first month. Initially launched as a 12-month pilot in November 2017, the CBA Domestic and Family ...

CBA Group Super appoints CIO

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
Commonwealth Bank Group Super has promoted from within to appoint its new chief investment officer. Acting in the chief investment role since March 2017, Ruwanie Dias was promoted to permanently oversee more than $11 billion at the corporate superannuation ...

Airlie backs financials but wary on banks

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... Portfolio managers Matt Williams and Emma Goodsell told a Sydney event that of the big four banks they only hold Commonwealth Bank. Williams said Australia's banking sector faces numerous headwinds and poor sentiment, especially around the Royal ...

Australian Unity expands investment bond offering

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... Financial Services Partners. Brown was head of advice development at Colonial First State and also held senior roles at Commonwealth Bank's Financial Wisdom dealer group.

Wealthier Aussies seeking advice

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUL 2018
... other cohorts with an above average tendency to seek advice. More than a third of advised clients bank with Commonwealth Bank (34.6%), which is significantly more than ANZ (23.9%), Westpac (23.4%) and NAB (20.7%). While they don't necessarily use their ...